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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (33691)8/18/2021 10:34:31 AM
From: Qone02 Recommendations

Recommended By
ajtj99
Lou Weed

  Read Replies (2) | Respond to of 97932
 
QS, Because of the way they did it. They are not registering to sell 305 million share in a capital raise. They have already sold that stock in a private placement. They are registering it so the private placement people can sell on the open market.

They have 764 million in cash

They have 350 million shares outstanding.

Do the math on how much they sold that stock for.